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they do. now house speaker john boehner says president obama is out to annihilate the republican party. we'll talk about all that with new hampshire senator kelly ayotte and our political panel in just a few moments. >> also, big time golfers phil mickelson, tiger woods, lebron james and derek jeter are all supply siders. we'll explain that later this hour. >> i wasn't involved in the talking points process. as i understand it, as i've been told, it was a typical interagency process where staff, including from the state department all participated to try to come up with whatever was going to be made publicly available. >> that of course was secretary of state clinton today on capitol hill saying she had no role in susan rice's false talking points on the benghazi consulate attack. but will we ever find out why ambassador rice denied the terrorist attack and misled the public saying this on "meet the press." >> what happened in benghazi was in fact initially a spontaneous reaction to what had just transpired hours before in cairo. >> and will we ever get a full answer on exactly what happen
and we now wait for texas instruments to report. house speaker boehner set to hold a news conference in less than an hour. >> expected to tee off a vote on the debt ceiling bill. what's their new plan? we'll go live to washington next, and even with the immediate threat of the debt ceiling ahead, another's contrarian view coming up. >> chip murky's quarterly result are due out now. those numbers coming up as we continue on the "closing bell." . ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. there. i said it. they don't have pictures of my kids. they don't have my yoga mat. and still, i feel at home. could it be the flat screen tv? the not so mini fridge? ♪ the different free dinner almost every weeknight? or maybe, it's all of the above. and all the rest. am i home? nope. but it almost feels that way. homewood suites by hilton. be at home. >>> all right. they are teeing off this new debt ceiling bill. john boehner will b
bickering gets put aside. do these guys like each other or do they not like each other? mr. boehner said something rather strong about harry reid. we assume that kind of language was not used in the white house this morning, but can they really get along and do what needs to get done? >> there is -- there are pockets of enmity that are quite well-known. what's really wonderful about washington, and this day is going to be full of this, is that you can have members, particularly on the senate floor, that can just bash each other. john has had a bird's-eye view of this. during the day with key issues of state at risk, and at the end of the day they can go off to the moncle and have a drink or a steak and so -- >> although a lot less than used to take place. >> that's true. >> jill biden, the vice president's wife, the second lady of the united states, begins her way down to the podium. >> i think there is more partisanship about to break out. >> call it bipartisanship. >> maybe i'm caught up in the spirit of the day. >> explain. >> i'll explain. >> and where do you see that? >> i have some
of you gentlemen friends of this show i wish you a happy new year. mr. boehner attached a bublg et to this. >> there are no specific cuts. where in medicare or the pentagon are they going to cut? they have to specify that before you can have a serious conversation. i don't think members of congress should be playing with fiscal fire which is what we are doing when we use a tactic as a threat to plunge america into defought. i believe that republicans and democrats should denounce using that as a threat. your previous guests gave goodness about the economy. the biggest threat about the economy is congressional dysfunction. >> do you have a response to peter walsh. >> lord knows if we could have a balance absed budget. but you made this deal yeah, we are going to extend the debt ceiling. now, it gets attached to a balanced budget. >> two points, in regard to congressman welch. when you have liberal s ip the house and senate, that is their plan to spend more money. i know you are talking about our budget larry, but we have to step back. there is going to be no budget that takes place
to raise the debt ceiling. speaker boehner is expected to give a news conference later toda today. >> there are a lot of deadlines in washington for investors to keep track of, they each carry their own risk. let me walk you through what we are expecting. starting tomorrow on wednesday, the house republicans say they're going to have a vote to extend the debt ceiling. they say they will raise the $16.4 trillion cap enough to extend the debt ceiling to mid-may. on march 1st, you have the sequester, when the spending cuts will kick in. about $85 billion of cuts automatically to defense and domestic spending. the risk there is a drag to the gdp. on the 27th, current law on the government funding runs out that forces a drama over a continuing resolution, or you face the risk of a government shut down. on april 15th, that's the date by which the house would force congress to pass a budget or see their pay cut. the risk there, of course, is members of congress might have to go quite some time without a paycheck. tyler? >> thank you very much, eamonn. >>> the gop originally wanted to tie
's constitutional and everybody knows it is a cover for a strategic retreat from the principle that john boehner articulated earlier that the only amount of debt limit increase that's going to pass is going to have dollar for dollar spending cuts. that's very hard to do, for democrats, for republicans, for anybody in washington, and so he's backed away from that, and now he's going to try to see if he can pass it with republican votes. the importance of this principle from a democratic point of view is they've broken with the idea that the debt limit is so important that it needs to be enforced. that's why senate democrats say they will pass this next week by an overwhelming margin if it passes the house. the white house says it won't block it and house democrats, if you read between the lines, they're urging their members to vote against it, but they don't mind this proposal one bit. here is chris van hollen, the ranking democrat on the house budget committee today. >> the good news is that our congressional republican olleagues have finally recognized that america must pay its bills and meet i
Search Results 0 to 5 of about 6

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